NUG(SH:600051)2020-10-26 16:00Financial Performance - Operating income for the first nine months rose by 33.35% to CNY 3,438,933,021.89 compared to the same period last year[5]. - Net profit attributable to shareholders surged by 528.04% to CNY 343,363,417.70 year-on-year[5]. - Basic earnings per share increased by 527.27% to CNY 1.104[6]. - The total profit for the first three quarters of 2020 was ¥583,825,362.07, significantly higher than ¥28,034,969.25 in the same period of 2019[36]. - Total operating revenue for Q3 2020 reached ¥1,389,608,014.19, a significant increase of 51.8% compared to ¥915,104,824.04 in Q3 2019[35]. - Net profit for Q3 2020 was ¥129,282,381.48, compared to a net loss of ¥22,048,517.23 in Q3 2019, marking a turnaround in profitability[36]. - The company reported a total operating revenue of ¥3,438,933,021.89 for the first three quarters of 2020, up 33.4% from ¥2,578,816,997.58 in the first three quarters of 2019[35]. Assets and Liabilities - Total assets decreased by 4.65% to CNY 7,580,113,783.37 compared to the end of the previous year[5]. - Current liabilities totaled ¥4,269,493,393.65, down from ¥5,009,358,772.77, indicating a reduction of about 14.7%[25]. - Non-current liabilities decreased to ¥132,063,913.20 from ¥135,770,645.71, a decline of approximately 2.0%[25]. - Total equity increased to ¥3,178,556,476.52 from ¥2,804,418,091.29, showing a growth of about 13.3%[26]. - Total liabilities were ¥5,145,129,418.48, a slight decrease of ¥4,008,343.06[50]. - Shareholders' equity totaled ¥2,804,418,091.29, down by ¥12,025,029.17 compared to the previous period[51]. Cash Flow - Cash flow from operating activities decreased by 54.41% to CNY 675,950,627.19 compared to the same period last year[5]. - The net cash flow from operating activities was ¥675.95 million, a decrease of ¥806.77 million from ¥1.48 billion in Q3 2019[18]. - Cash inflow from operating activities decreased to ¥4,696,260,256.83 in the first three quarters of 2020, down from ¥5,519,322,763.34 in the same period of 2019[42]. - The company raised 630,009,283.66 RMB through financing activities, but had cash outflows of 1,007,230,715.47 RMB, leading to a net cash flow of -377,221,431.81 RMB, slightly improved from -389,456,266.94 RMB in 2019[44]. Investments - Significant increase in construction in progress by 636.71% to CNY 42,609,874.75 due to ongoing upgrades[10]. - Long-term equity investments increased to ¥84,866,151.63 from ¥69,827,735.78, representing a growth of approximately 21.3% year-over-year[24]. - Investment properties rose to ¥826,269,091.62 compared to ¥702,415,905.99, marking an increase of about 17.6%[24]. - The company reported a total cash inflow from investment activities of 4,492,332.13 RMB in Q3 2020, compared to 68,738,025.59 RMB in the previous year, indicating a significant decrease of 93.5%[43]. Tax and Expenses - Tax and additional charges rose significantly to ¥322.81 million, a staggering increase of 860.79% from ¥33.60 million in the same period last year[12]. - The company reported a significant increase in income tax expenses to ¥157.72 million, up from ¥1.79 million in the same quarter last year, due to higher taxable income from property sales[12][16]. - The company experienced a tax expense of ¥67,975,192.49 in Q3 2020, compared to a tax benefit of ¥8,107,726.86 in Q3 2019[36]. - Financial expenses saw a dramatic reduction of 84.34%, amounting to ¥4.15 million compared to ¥26.54 million in the previous year, attributed to decreased borrowings[12][15]. Shareholder Information - The number of shareholders reached 38,734 at the end of the reporting period[8]. - The company reported an increase in undistributed profits to ¥1,872,645,177.12, a rise of ¥7,789,304.62[51].